Forecasting in Excel Tutorial

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  • Опубликовано: 6 янв 2025

Комментарии • 127

  • @KevinStratvert
    @KevinStratvert  3 года назад +9

    🏫 Learn the fundamentals of Excel in just 2 hours: kevinstratvert.thinkific.com
    ⏭ Watch next - playlist with all my free tutorial videos on how to use Excel: ruclips.net/p/PLlKpQrBME6xLYoubjOqowzcCCd0ivQVLY

    • @nematullorahmatov3488
      @nematullorahmatov3488 3 года назад +1

      Kevin, do you have any video about Multiple Linear Regression, in this video you mentioned only regarding single dataset but what about if our data is multivariate which need several trendline. Thank you

    • @dadachad712
      @dadachad712 2 года назад

      I'm an Inventory analyst and new in this job this really help my reporting ability and performance boost in my job. Great video thank you

  • @StGordo61
    @StGordo61 3 года назад +9

    Magnificent - I've had people try and get me to learn R just to do this type of forecasting. In the space of 11 minutes - I'm now a confident forecaster! Just like all your other videos - brilliant and easy to follow!

  • @mohammedabbasmoaiyadi5522
    @mohammedabbasmoaiyadi5522 2 года назад +20

    "Let's say you work at, say........a workplace.." XD That was so random. Anyway, I've marked this video. Will definitely reference it when I'm learning. Really appreciate the presence and work of channels like this; helping people upskill themselves.

    • @espesq
      @espesq 3 месяца назад +1

      When you use the Exponential trendline you can see the line gets more exponential in nature.

  • @Abumohammadothman
    @Abumohammadothman 2 года назад +5

    I am an industrial engineer, I've take forecasting course in University , unfortunately your 11 minutes was more worthy and understandable than that coarse , thank you so much.

  • @xjazzairm8341
    @xjazzairm8341 11 месяцев назад +1

    Failed my Excel test 3 times because of one question-Forecasting. Watched about 5 videos for clearance. Kevin you just made it so clear. You are the man...🔥💯💯💯 Thank you.

  • @Seftehandle
    @Seftehandle Год назад +4

    This is a phenomenal explanation of forecasting. So straightforward and simple even though it handles all the tricks of forecasting the trendline, stat. equation, forecasting model. The simplicity of the tutorial is 👌. Excellent job with this video Kevin!!!

  • @preciouschinenyenwa8490
    @preciouschinenyenwa8490 Год назад

    Whenever I'm searching for any video and I don't see your tutorial on it, I feel very sad and this is because I find it very easy understanding your tutorials. Thanks alot for all you do.

  • @chrisr5437
    @chrisr5437 4 года назад +19

    Love this. You’re really good at breaking things down and making them seem simple

  • @danielaobando8178
    @danielaobando8178 4 года назад +9

    You are literally my excel professor thank you so much for having the best tutorials that are so easy to follow along with!!!

  • @ajaysharma-gw1vy
    @ajaysharma-gw1vy 2 года назад

    loved this..i have been using excel for a year now and v=never used forecast inbuilt feature...thanks @kevin you have just explained the most powerful tool for my day to day operations.

  • @arturochavezmogollon6095
    @arturochavezmogollon6095 4 года назад +2

    Wow!! x3 ---- I learned so much in just 11 minutes...and I didn't need to watch the video over again because your explanation was just ...concise, precise!! You're such an efficient and effective Teacher! Thank you so much, Mr. Stravert!

  • @KingsleyUkaulor
    @KingsleyUkaulor Год назад +1

    Excellent! This is super smooth and very helpful.

  • @MasterSpreadsheets
    @MasterSpreadsheets Месяц назад

    Definitely a good skill to learn for corporate accounting

  • @cekirdekci32
    @cekirdekci32 Год назад +4

    but forecast sheet is not available on mac.

  • @aboubacarsidikicoulibaly6684
    @aboubacarsidikicoulibaly6684 Год назад

    🎉 Thank you buddy. It's so nice what you are doing. May God bless you. Amina

  • @lavak3
    @lavak3 2 года назад

    Hey there Kevin. First off thank you for the videos. The way you explain how to use excel and its overall features has been easy to understand. In short, it has been very helpful and has given me more confidence when using this application for my work. Thanks again, I hope your channel continues to grow. Good luck!

  • @yaraocanacalvo570
    @yaraocanacalvo570 3 года назад +1

    This is absolutely wonderful!! I can´t believe how quickly I got my forecasting done thanks to your video! Thank you for sharing. Following for more content :)

  • @krzysztofs551
    @krzysztofs551 Год назад

    Great video, best so far comparing to other YT stars.

  • @josephk.wlehjr3784
    @josephk.wlehjr3784 Год назад +2

    I actually appreciate your videos. They are educative. However, please do a video on how to analyze plant populations.

  • @mannyremontada
    @mannyremontada 6 месяцев назад

    Straight to the point. That is why I like you

  • @gigikarganilla6735
    @gigikarganilla6735 Год назад

    Thank you. This has been very helpful material. You explained it very clearly and simply.

  • @SJPIKUL
    @SJPIKUL 3 года назад

    My God... that was perfect... thank you so much, Kevin!

  • @MeenuSharma-hc9lw
    @MeenuSharma-hc9lw 4 года назад +1

    Thanks a lot Kevin for this video... wonderful illustration and you made it so simple to understand with good explanation.

    • @KevinStratvert
      @KevinStratvert  4 года назад +1

      Appreciate the note Meenu! Glad it was helpful.

  • @marybellandry2975
    @marybellandry2975 5 месяцев назад

    Very nice Kevin. Thank you for sharing, great content!

  • @dutchy4830
    @dutchy4830 3 года назад +1

    This is actually so useful for forecasting financial ratios. Thank you so much

  • @simondoran7946
    @simondoran7946 3 года назад +1

    Kevin, Could you do a demonstration for sales forecasting? 5 customers, forecasting Sales for next year by quarter. Using 3 years of historical sales by quarter as the basis for your model? Using the forecast function vs. graph? I will use your graph to show sales by industry trending but for budget planning sales forecast by customer is needed to calculate the totals for each industry. Thanks for considering this idea.

  • @blainecote8134
    @blainecote8134 Год назад

    Very well presented and easy to follow

  • @kennethpaige7036
    @kennethpaige7036 2 года назад

    Hi Kevin, that was exactly the functionality I needed and you presented it beautifully. Thanks a million!

  • @MikesTECHonGod
    @MikesTECHonGod 4 года назад +1

    Kevin, you are the best. And thank you for supporting me on my youtube channel.

  • @LalitKumar-nj7xc
    @LalitKumar-nj7xc 3 года назад

    Thank you very much for explaining in such a simple way 👍👍

  • @CalmRadioOfficial
    @CalmRadioOfficial 3 года назад

    This is the best explanation on forecasting. One problem however, is that on Mac, the forecasting function doesn't show. Any workaround? A video would be fantastic!!

  • @phits2007
    @phits2007 2 года назад

    Solved my problem. Thanks Kevin !

  • @angelicajose8328
    @angelicajose8328 4 года назад

    Hi Kevin...great job.. and i love all of your videos... so educational.. and really helps me a lot.. thank you Kevin..

  • @RampageReels31
    @RampageReels31 4 года назад +1

    Hey Kev thanks again for all these informational videos! U rock!

    • @KevinStratvert
      @KevinStratvert  4 года назад +1

      Thanks for the note TouRon! I like your informational videos as well!

    • @RampageReels31
      @RampageReels31 4 года назад

      Kevin Stratvert makes my day bro!!! THANK YOU! Im glad you like it!! 🙏🙏🙏☺️☺️☺️☺️

  • @IAKhan-km4ph
    @IAKhan-km4ph Год назад

    very nice. I need to learn with seasonal data. Plz make a lecture on that

  • @ssenjuti7770
    @ssenjuti7770 4 года назад

    Thank you for the tutorial. I loved the trendline and the forecast, both.

  • @mohdhafiez
    @mohdhafiez 4 года назад +1

    TQ Kevin for your beneficial sharing.. love its.

  • @gintomino4136
    @gintomino4136 3 года назад

    You are a great teacher!

  • @techgrad87
    @techgrad87 3 года назад

    Wonderful. Absolutely solved my problem. Thanks for making your videos.

  • @al76am8
    @al76am8 4 года назад +1

    I just found your channel. You solved issue which I was sondering about instantly. +1 sub from me! Keep up good work! I would be so gratefull to see more data anlysis methods in MS Excel ;)

  • @arpitadas7470
    @arpitadas7470 3 года назад +1

    Thanks a lot 🙏🏻🙏🏻

  • @learningwithmaliha
    @learningwithmaliha 10 месяцев назад

    Amazing Video, Thanks for sharing!

  • @parthghosh1792
    @parthghosh1792 4 года назад +2

    Hi Kevin. It was very detailed and informative. Would really appreciate if you made a video on descriptive and inferential statistics with an example the same way as this video.

  • @nelusen9768
    @nelusen9768 6 месяцев назад

    Thank you Kevin

  • @cindygonzalez9038
    @cindygonzalez9038 3 года назад

    Excellent, you explain so well! Thank you!

  • @pepper2723
    @pepper2723 Год назад +1

    Hi, I used Mac version of excel and I don’t see the Forecast function on the ribbon. Is this something I need to install?

  • @arj123sub
    @arj123sub 4 года назад

    Thanks, this was really useful. Just what I was looking for.

  • @eli2407
    @eli2407 2 года назад

    Hi Kevin, your tutorials has helped me alot. One of my biggest downfalls is understanding Forecasting. I think I got it but I have an issue I want to run by you. We just started a new report in January. It has data for December, January, February but nothing for March, April, May. They held all the data from those months and entered them for June. The problem is how do you forecasting this type of table with such a huge gap?

  • @RonixViva
    @RonixViva 3 года назад +2

    Great job sir. Thank you; one question, I have daily data inputs for the past month, but using the "Forecast Sheet" It won't let me go out past 1 week?
    Any help is appreciated!
    Ryan

  • @lorrayneukw2272
    @lorrayneukw2272 2 года назад

    Your video was really good but it would have helped if you could have shown the statistical info table and explain what each term means.

  • @andrewstott354
    @andrewstott354 3 года назад +1

    Awesome video! Quick question, hopefully you or some of the responders can assist? is there a way that forecasting can be used in a Dynamic way? Ie if you have a good estimate through historical data of what items you are going to use to service a vehicle fleet going, however, that fleet will have ongoing planned reductions can excel forecast what items will no longer be needed?

  • @Raaajzzz
    @Raaajzzz 9 месяцев назад

    Thanks Kevin

  • @tlo4455
    @tlo4455 3 года назад

    "Work in a workplace." lol. Great video, thank you for the demonstration!

  • @KapilGupta-of3gm
    @KapilGupta-of3gm 9 месяцев назад

    Nice & concise video. However I can't see Forecast sheet ribbon in my Excel. May be it's not available for Mac. Is there any workaround / other option for the same ?

  • @lakshmit128
    @lakshmit128 Год назад

    Goof learning video sit. Thank u

  • @ngozikaokpanku7319
    @ngozikaokpanku7319 4 года назад

    Thanks, this was really useful.

  • @RomanAngel
    @RomanAngel 4 года назад

    This was great. Thanks for sharing.

  • @holusoga
    @holusoga Год назад

    Nice video, I have data spanning over 32 Cell-Column, and 46,733 Cell-Row. ( That is 32 Columns by 46,733 Rows) Which method can I use to carry out forecast on this data using Microsoft Excel?

  • @pipo441
    @pipo441 9 месяцев назад

    Kevin, looks we can use the forecast sheet first and then apply the forecast adding/using the trend line and forward periods. Does that make sense or is that a wrong method?

  • @TaoGusu
    @TaoGusu 4 года назад +1

    Can you tell us how to force the trendline to only consider the linear portion of a curved plot, but without removing data points? So that the trendline has a different slope. Thanks.

  • @K5310
    @K5310 Год назад

    How do you get to the "format trendline option" in iMAC?

  • @darcyg852
    @darcyg852 3 года назад

    What if you have forecast by a product? Can this forecast sheet help with that as well?

  • @GeorgeMetry
    @GeorgeMetry 2 года назад

    thank you!!!

  • @edwinmudzamiri4012
    @edwinmudzamiri4012 2 года назад

    How do I extract the forecasted values to my spreadsheet

  • @relax9286
    @relax9286 2 года назад

    Hi Kevin, thank you for the video. When I did the Forecast Sheet, it didn't take the dates. It only used numbers. Any suggestions?

  • @suganthiganesh6101
    @suganthiganesh6101 4 года назад +1

    Thank you Kevin. This was really useful. How to change the exponential Y values into exact values?. For Example Y= 23825x - 5E+07. I want to get the exact values of 5E+07.

  • @Coronet_1969_
    @Coronet_1969_ 2 года назад

    Kevin, your example used daily data....I'm trying to use quarterly data and Excel doesn't like that and won't forecast, how do you work around this?

  • @neetrab
    @neetrab 3 года назад +1

    So, we are now in 2021. Was the forecast correct, Kevin?

  • @Bilbil_Billa
    @Bilbil_Billa Год назад

    Hey Kevin, how accurate did these forecasts come to be?

  • @Dana-ti2qr
    @Dana-ti2qr 4 года назад

    This was great!

  • @JyotiSharma-yx5ux
    @JyotiSharma-yx5ux 3 года назад

    Nice video. I want to analyse recovery percentage of a court. I have recovery data for 10 years. How do I show the trend in percentage terms?

  • @donshelton9103
    @donshelton9103 3 года назад

    I would like to know if you can link 2 workbooks together and when you make changes on either one will it link and keep the formulas on each workbook and same information?

  • @soothingrelaxation.sleepan3224
    @soothingrelaxation.sleepan3224 4 года назад

    Great Video as always, Prof. Kevin. Can you please get us a video on spend analytics, Inventory Service Level, and Fill rate in excel? Thank you.

  • @LoopyTrout
    @LoopyTrout 3 года назад

    How do you do this forecast graph with a Mac? I have Excel 2016 and I do not have the Forecast Sheets option.

  • @floriantochie9253
    @floriantochie9253 Год назад

    How would you that forecast for many SKU simultaneously

  • @madushaniranasinghe298
    @madushaniranasinghe298 Год назад

    Than you ❤

  • @DwaipayanRC
    @DwaipayanRC 2 года назад

    Hi kevin can we use 3 variables in forecast? Like YoY Plan vs Actual with Projections?

  • @studabakers4507
    @studabakers4507 3 года назад

    It seems there is a limit on how far out forecast will go. Is that correct?

  • @jennifersanchez9952
    @jennifersanchez9952 3 года назад

    Great video! Question, how did you get the dates to consolidate from day to month?

  • @kaushikghosh3026
    @kaushikghosh3026 2 года назад

    please can you share a video on vlookup. thanks.. by the way, ur tutorials are awesome..!!!

  • @Otisawide
    @Otisawide 3 года назад

    How about using the
    Excel 2013?

  • @AJ_roadway
    @AJ_roadway Месяц назад

    Thanks

  • @Devin_Downing
    @Devin_Downing 2 года назад

    Hi Kevin, When plotting the prediction intervals on the chart, I noticed the chart doesn’t update when you select the log tic box. Is there a way around this or do you know how? I need the prediction intervals to adjust based on logarithmic scale. Thanks

  • @maclag05
    @maclag05 4 года назад

    How can I make my axis remain at zero and not go negative?

  • @pwintphyuaung2784
    @pwintphyuaung2784 4 года назад

    Hi kevin, it does not appear as a calendar on my forecast end instead it appears to choose numerical would u please suggest ?..thank you very much ! :)

  • @anshagrawal8122
    @anshagrawal8122 3 года назад

    Too much learning

  • @opportunitynanny
    @opportunitynanny 4 года назад

    Please i want to backcast data, how do i do that?

  • @katimho3328
    @katimho3328 4 года назад

    Hi, may I know which year or type of excel that you are using, as I can’t find a “+” sigh when clicking the graph to make a trending line

  • @kishanpanchal2965
    @kishanpanchal2965 4 года назад

    What is actual results of view that u have predicated?

  • @imosemimoses4466
    @imosemimoses4466 2 года назад

    how do i activate the forecast tab on excel 2013

  • @dou7747
    @dou7747 3 года назад

    Hello, I constructed a trendline for my sigmoidal graph in excel (Concentration vs Absorbance curve) however it generates an inaccurate equation which gives answers outside of the range of my data. What do you think can be the cause of this? Anyone that knows this, please reply. I need an answer as soon as possible.

  • @ladanyaramirezsurmeier7852
    @ladanyaramirezsurmeier7852 4 года назад

    can you add a vertical line to show when you might reach a certain goal within the forecast? like when would you hit the 150000 mark as an example

    • @marvinmuhlethaler8297
      @marvinmuhlethaler8297 3 года назад

      you could just put the desired mark as a y value in the equation and solve it showing x=...but I think you already solved it by now :-)

  • @emilyteng8095
    @emilyteng8095 3 года назад

    How to plot one forecast line graph when I have multiple columns?

    • @emilyteng8095
      @emilyteng8095 3 года назад

      Do I need to do the forecast column by column?

  • @meredithleonor5035
    @meredithleonor5035 Год назад

    RFM ANanlysis using excel please

  • @lodostic1015
    @lodostic1015 3 года назад

    thanks alot

  • @jamshaidmohsin5439
    @jamshaidmohsin5439 Год назад

    3rdly, there is forecast function as well

  • @bencamp2152
    @bencamp2152 3 года назад

    How'd it come out?

  • @dastidararnab29
    @dastidararnab29 2 месяца назад

    Nice

  • @levitamayo6355
    @levitamayo6355 Год назад

    Why my forecast trend doesn't have date?

  • @JohnFekoloid
    @JohnFekoloid Год назад

    Kevin, did it work? Did you actually get the 1.2 million views a year from then?